1️⃣Account Balance 🔴The amount of money held in a bank account at a specific time.
2️⃣ATM (Automated Teller Machine) 🔴A machine that allows users to perform basic banking transactions (such as withdrawing cash) without the need for a bank teller.
3️⃣Checking Account 🔴A bank account that allows you to deposit and withdraw money for everyday transactions.
4️⃣Savings Account: 🔴 A bank account that earns interest on the money deposited and is typically used for saving money over a longer period.
5️⃣Overdraft 🔴A deficit in a bank account caused by withdrawing more money than is available.
6️⃣Direct Deposit 🔴An electronic transfer of a payment directly from the payer's bank account to the recipient's bank account.
7️⃣Wire Transfer 🔴A method of electronically transferring money from one person or entity to another.
8️⃣ATM Card 🔴A plastic card issued by a bank that allows customers to access an ATM to perform transactions.
9️⃣Debit Card 🔴A card issued by a bank that allows customers to make purchases by debiting funds directly from their checking account.
1️⃣0️⃣Credit Card 🔴A card issued by a financial institution that allows users to borrow funds up to a certain limit for purchases.
1️⃣1️⃣Interest Rate: 🔴The percentage of the principal amount charged by a lender for the use of money, typically expressed as an annual percentage rate (APR).
1️⃣2️⃣Loan: 🔴 A sum of money borrowed from a financial institution that is expected to be repaid with interest over a specific period.
1️⃣3️⃣Mortgage: 🔴A loan specifically used to purchase real estate, with the property itself serving as collateral for the loan.
1️⃣4️⃣Online Banking: 🔴The use the internet to access financial services offered by a bank, such as checking account balances and transferring funds.
1️⃣5️⃣PersonalIdentification Number (PIN) 🔴A security code or secret number used to authenticate a user's identity in electronic transactions.
1️⃣6️⃣Credit Score: 🔴A numerical representation of an individual's creditworthiness, based on their credit history and current financial situation.
1️⃣7️⃣Bank Statement: 🔴A detailed record provided by a bank that lists all transactions that occurred in a particular account over a specific period.
1️⃣8️⃣Pre-approval 🔴A process by which a lender reviews a borrower's financial situation to determine if they are eligible for a loan before they apply.
1️⃣9️⃣Mobile Banking: 🔴The use of a smartphone or mobile device to access banking services, such as transferring money and checking account balances.
2️⃣0️⃣Certificate of Deposit (CD): 🔴 A time deposit offered by banks that pays a fixed interest rate for a specified term, typically higher than a regular savings account.
1️⃣Account Balance 🔴The amount of money held in a bank account at a specific time.
2️⃣ATM (Automated Teller Machine) 🔴A machine that allows users to perform basic banking transactions (such as withdrawing cash) without the need for a bank teller.
3️⃣Checking Account 🔴A bank account that allows you to deposit and withdraw money for everyday transactions.
4️⃣Savings Account: 🔴 A bank account that earns interest on the money deposited and is typically used for saving money over a longer period.
5️⃣Overdraft 🔴A deficit in a bank account caused by withdrawing more money than is available.
6️⃣Direct Deposit 🔴An electronic transfer of a payment directly from the payer's bank account to the recipient's bank account.
7️⃣Wire Transfer 🔴A method of electronically transferring money from one person or entity to another.
8️⃣ATM Card 🔴A plastic card issued by a bank that allows customers to access an ATM to perform transactions.
9️⃣Debit Card 🔴A card issued by a bank that allows customers to make purchases by debiting funds directly from their checking account.
1️⃣0️⃣Credit Card 🔴A card issued by a financial institution that allows users to borrow funds up to a certain limit for purchases.
1️⃣1️⃣Interest Rate: 🔴The percentage of the principal amount charged by a lender for the use of money, typically expressed as an annual percentage rate (APR).
1️⃣2️⃣Loan: 🔴 A sum of money borrowed from a financial institution that is expected to be repaid with interest over a specific period.
1️⃣3️⃣Mortgage: 🔴A loan specifically used to purchase real estate, with the property itself serving as collateral for the loan.
1️⃣4️⃣Online Banking: 🔴The use the internet to access financial services offered by a bank, such as checking account balances and transferring funds.
1️⃣5️⃣PersonalIdentification Number (PIN) 🔴A security code or secret number used to authenticate a user's identity in electronic transactions.
1️⃣6️⃣Credit Score: 🔴A numerical representation of an individual's creditworthiness, based on their credit history and current financial situation.
1️⃣7️⃣Bank Statement: 🔴A detailed record provided by a bank that lists all transactions that occurred in a particular account over a specific period.
1️⃣8️⃣Pre-approval 🔴A process by which a lender reviews a borrower's financial situation to determine if they are eligible for a loan before they apply.
1️⃣9️⃣Mobile Banking: 🔴The use of a smartphone or mobile device to access banking services, such as transferring money and checking account balances.
2️⃣0️⃣Certificate of Deposit (CD): 🔴 A time deposit offered by banks that pays a fixed interest rate for a specified term, typically higher than a regular savings account.
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Secure video calling is in high demand. As an alternative to Zoom, many people are using end-to-end encrypted apps such as WhatsApp, FaceTime or Signal to speak to friends and family face-to-face since coronavirus lockdowns started to take place across the world. There’s another option—secure communications app Telegram just added video calling to its feature set, available on both iOS and Android. The new feature is also super secure—like Signal and WhatsApp and unlike Zoom (yet), video calls will be end-to-end encrypted.
